RCM Technologies CFO sells 22,501 shares near $42
Rhea-AI Filing Summary
RCM TECHNOLOGIES, INC. (RCMT) reported that its CFO, Kevin D. Miller, sold a total of 22,501 shares of common stock in two open-market transactions. On August 28, 2026, he sold 2,230 shares at $42.00 per share. On August 31, 2026, he sold 20,271 shares at a weighted-average price of $42.19 per share, within a range of $42.00 to $42.95. The company states these were nondiscretionary sales executed under a Rule 10b5-1 trading plan established on August 12, 2024.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 22,501 shares
Net Sell
2 txns
Insider
MILLER KEVIN D
Role
CFO
Sold
22,501 shs ($949K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 20,271 | $42.19 | $855K |
| Sale | Common Stock F1 | 2,230 | $42.00 | $94K |
Holdings After Transaction:
Common Stock — 308,362 shares (Direct)
Footnotes (2)
- F1. Represents nondiscretionary sale by a plan established by the Reporting Person on August 12, 2024, in a manner intended to satisfy the requirements of Rule 10b5-1.
- F2. Represents the weighted average of a range of sale prices from $42.00 to $42.95. The reporting person undertakes to provide to the Staff of Securities and Exchange Commission, the Company or any stockholder of the Company, upon request, full information regarding the number of shares sold at each separate price.
Key Figures
Total shares sold: 22,501 shares
Shares sold on August 28, 2026: 2,230 shares
Price on August 28, 2026 sale: $42.00 per share
+4 more
7 metrics
Total shares sold
22,501 shares
Aggregate across reported transactions by CFO Kevin D. Miller
Shares sold on August 28, 2026
2,230 shares
Open-market sale of RCMT common stock
Price on August 28, 2026 sale
$42.00 per share
Open-market sale of 2,230 shares
Shares sold on August 31, 2026
20,271 shares
Open-market sale of RCMT common stock
Weighted-average price on August 31, 2026
$42.19 per share
Within a sale price range of $42.00 to $42.95
Sale price range on August 31, 2026
$42.00 to $42.95 per share
Range used to compute the $42.19 weighted-average price
Rule 10b5-1 plan adoption date
August 12, 2024
Plan under which the nondiscretionary sales were executed
Key Terms
Rule 10b5-1, nondiscretionary sale, weighted average, open market or private transaction
4 terms
Rule 10b5-1 regulatory
"intended to satisfy the requirements of Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
nondiscretionary sale financial
"Represents nondiscretionary sale by a plan established by the Reporting Person"
weighted average financial
"Represents the weighted average of a range of sale prices from $42.00 to $42.95"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transactions did RCMT report for CFO Kevin D. Miller?
RCM TECHNOLOGIES, INC. reported that CFO Kevin D. Miller sold a total of 22,501 RCMT shares of common stock in two open-market transactions on August 28 and 31, 2026, at prices around $42 per share.
What were the details of the RCMT CFO’s sale on August 31, 2026?
On August 31, 2026, CFO Kevin D. Miller sold 20,271 RCMT shares at a weighted-average price of $42.19 per share, with individual sale prices ranging from $42.00 to $42.95.
Were the recent RCMT insider sales made under a Rule 10b5-1 plan?
Yes. The company states the sales by CFO Kevin D. Miller were nondiscretionary transactions made under a Rule 10b5-1 trading plan established on August 12, 2024.
AI-generated analysis. How Rhea-AI works. Not financial advice.